Economic Corridors and Regional Development

Economic Corridors and Regional Development

Author: Prema-chandra Athukorala

Publisher:

Published: 2018

Total Pages: 36

ISBN-13:

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This paper examines prerequisites for a successful interstate economic corridor development program in a country with a federal system of government through an in-depth study of the design, implementation, and the developmental impact of the Northern Corridor Economic Region (NCER) in Malaysia that encompasses the states of Penang, Kedah, Perak, and Perlis. The analysis suggests that the NCER has the potential to leverage on the core strengths of the state of Penang--global connectivity, mature business ecosystem with a strong presence of multinational enterprises, and sizable talent pool--in order to redress the widening interregional and urban-rural development divide. While it is too early to assess the full outcome of NCER initiative, a potential problem looms in the future. The Northern Corridor Implementing Authority (NCIA), charged with implementing projects in the NCER, is structured with no formal positions allotted to planning officials from the member states. This will not pose problems in implementing projects that are in broad alignment with the interest of the states. Conflicts will arise, however, when state and NCIA views on projects differ. This potential problem can be overcome by restructuring the NCIA to allow for the formal inclusion of planning representatives from member states.


Economic Corridor Development for Inclusive Asian Regional Integration

Economic Corridor Development for Inclusive Asian Regional Integration

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2014-01-01

Total Pages: 224

ISBN-13: 9292543407

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The question underlying the entirety of this publication is: "How can viable economic corridors be called into existence by dint of government and multilateral support?" The authors answer this question by examining the experience of economic corridor development of different regions from across continents. There are important lessons to be learned for successful corridor development from the experiences of the European Union and South Asia Subregional Economic Cooperation regions. In each case, detailed models were constructed to assess the economic impact of corridor investments. What emerged from a consideration of these two cases (as well as broader discussions) was a framework for evidence-based policy analysis. When key policy makers and stakeholders pursue measurable outcomes for the development of regional economic corridors, the model and data framework (at a standard economic scale of relevance) allows for an investment-relevant development of scenarios, which will be monitored within an effective organizational process. Such a process, with all the elements of an evidence-based policy in place, is highly likely to generate successful economic corridor development, which would realize envisaged opportunities within the regions. Two priority regions in Asia, the Greater Mekong Subregion and the Central Asia Regional Economic Cooperation, face different opportunities.


Review of Configuration of the Greater Mekong Subregion Economic Corridors

Review of Configuration of the Greater Mekong Subregion Economic Corridors

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2018-02-01

Total Pages: 85

ISBN-13: 9292610473

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The economic corridor approach was adopted by the Greater Mekong Subregion (GMS) countries in 1998 to help accelerate subregional development. The development of economic corridors links production, trade, and infrastructure within a specific geographic area. The review of these corridors was conducted to take into account the opening up of Myanmar and ensure that there is a close match between corridor routes and trade flows; GMS capitals and major urban centers are connected to each other; and the corridors are linked with maritime gateways. The review came up with recommendations for possible extension and/or realignment of the corridors, and adoption of a classification system for corridor development. The GMS Ministers endorsed the recommendations of the study at the 21st GMS Ministerial Conference in Thailand in 2016.


Local and Regional Development

Local and Regional Development

Author: Andy Pike

Publisher: Routledge

Published: 2006-11-22

Total Pages: 472

ISBN-13: 1134248539

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Local and regional development is an increasingly global issue. For localities and regions, the challenge of enhancing prosperity, improving wellbeing and increasing living standards has become acute for localities and regions formerly considered discrete parts of the ‘developed’ and ‘developing’ worlds. Amid concern over the definitions and sustainability of ‘development’, a spectre has emerged of deepened unevenness and sharpened inequalities in the development prospects for particular social groups and territories. Local and Regional Development engages and addresses the key questions: what are the principles and values that shape definitions and strategies of local and regional development? What are the conceptual and theoretical frameworks capable of understanding and interpreting local and regional development? What are the main policy interventions and instruments? How do localities and regions attempt to effect development in practice? What kinds of local and regional development should we be pursuing? This book addresses the fundamental issues of ‘what kind of local and regional development and for whom?’, frameworks of understanding, and instruments and policies. It outlines what a holistic, progressive and sustainable local and regional development might constitute before reflecting on its limits and political renewal. With the growing international importance of local and regional development, this book is an essential student purchase, illustrated throughout with maps, figures and case studies from Asia, Europe, and Central and North America.


The China-Pakistan Economic Corridor of the Belt and Road Initiative

The China-Pakistan Economic Corridor of the Belt and Road Initiative

Author: Siegfried O. Wolf

Publisher: Springer

Published: 2019-06-20

Total Pages: 404

ISBN-13: 3030161986

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This book focuses on the implementation of the China-Pakistan Economic Corridor (CPEC), a multi-billion-dollar infrastructure development project intended to connect Asia with Europe, the Middle East and Africa. By introducing a new analytical approach to the study of economic corridors, it gauges the anticipated economic and geopolitical impacts on the region and discusses whether the CPEC will serve as a pioneer project for future regional cooperation between and integration of sub-national regions such as Balochistan, Khyber Pakhtunkhwa, the Federally Administered Tribal Areas, and Gilgit-Baltistan. Further, it explores the interests, expectations and policy approaches of both Chinese and Pakistani local and central governments with regard to the CPEC’s implementation. Given its scope, the book will appeal to regional and spatial sciences scholars, as well as social scientists interested in the regional impacts of economic corridors. It also offers valuable information for policymakers in countries participating in the Belt-and-Road Initiative or other Chinese-supported development projects.


The Role of Special Economic Zones in Improving Effectiveness of Greater Mekong Subregion Economic Corridors

The Role of Special Economic Zones in Improving Effectiveness of Greater Mekong Subregion Economic Corridors

Author: Asian Development Bank

Publisher: Asian Development Bank

Published: 2018-11-01

Total Pages: 82

ISBN-13: 929261293X

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This study looks into the role of special economic zones in strengthening the competitiveness of economic corridors in the Greater Mekong Subregion (GMS). It examines factors behind the success of special economic zones and the role they can play in GMS economic corridor development. The analysis is based on a company-level survey in the Mae Sot special economic zone and interviews with clients operating in other zones throughout the GMS. The report offers policy recommendations for GMS ministers on how the zones can contribute toward improving competitiveness of economic corridors and thereby promote economic development.


Regional Development in an Age of Structural Economic Change

Regional Development in an Age of Structural Economic Change

Author: Piet Rietveld

Publisher: Routledge

Published: 2019-05-31

Total Pages: 293

ISBN-13: 0429809816

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First published in 1999, this volume addresses various themes in regional development studies from the perspective of structural economic change. Particular attention is paid to factors having long-run implications for regional development, such as innovation and knowledge production. Innovation and research and development activities appear to take place at particular locations. This has implications for lung-run spatial and sectoral developments. Another factor is transport infrastructure; its impact on efficiency and equity is surveyed. Other themes covered relate to the role of tourism and adjustments in urban economies. The books aims to offer a balance between modelling and non-modelling approaches. In addition to country-specific contributions, some are offered at the European level.